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Homework answers / question archive / 36
36. When the price of green eggs is 50 cents apiece, Jackie buys 4 eggs and 3 slice of ham. When the price of green eggs decreases to 25 cents each, he buys 7 eggs and 5 slices of ham. What is the cross-price elasticity of demand?
Based on the information below, which of the following is true? United States cars tractors 0 3 4. 2 Japan cars tractors 0 6 12 4 24 2 36 0 1 8 12 0 Both countries could gain if the U.S. traded tractors to Japan for cars. none of the above Japan could gain from trade but the U.S. could not. Both countries could gain if the U.S. traded cars to Japan for tractors.
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